Bitcoin is perhaps having a troublesome time of late, nevertheless it’s holding up significantly better than different cryptocurrencies, showcasing its capability to remain dominant throughout tough spells.
The coin’s market-cap dominance has risen “sharply” in the course of the newest selloff, reaching 45%, the very best degree this 12 months, in accordance with knowledge compiled by Babel Finance. It suggests “altcoins are at their worst,” the agency’s strategists wrote in a observe.